After 8 yrs of Clinton we were on solid ground. After 8 yrs of Bush we were left with a broken country and we took the world's economy down with us.
We went to Iraq soley based on false intelligence. Congress is just as guilty for failing to enforce the War Powers Act and providing the funding for G.W.'s war.
You may want to look at your investment portfolio in 1999. Mr. Clinton presided over the Enron scandal as well as the dot-com bubble crash. It's a bit revisionist to say he either left with a great economy or a surplus. While not defending the increase of the federal debt under President Bush, it's curious to see Clinton's record promoted as having generated a surplus. It never happened. There was never a surplus and the facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion.
The collapse of the tech bubble took place during 2000-2001. Some companies, such as Pets.com, failed completely. Others lost a large portion of their market capitalization but remained stable and profitable, e.g., Cisco, whose stock declined by 86%. Some later recovered and surpassed their dot-com-bubble peaks, e.g., Amazon.com, whose stock went from 107 to 7 dollars per share, but a decade later exceeded 200.
You’re also on pretty shaky ground on the war powers act.
President Bush did not invoke the War Powers Act. But to be accurate, Mr. Bush, did request—and receive—a resolution of support from Congress for the Iraq war, but Mr. Bush also made clear that his compliance with the War Powers Act didn’t mean he agreed with the act’s constitutionality. It was seen as a compromise that permitted the action without mandating that action being taken (the resolution had robust bipartisan support). So the Act was superseded by a Joint Resolution from Congress that permitted the President to use armed force in Iraq. It should also be noted In that conflict, the United States, in conjunction with a number of other nations, operated under the auspices of a United Nations Security Resolution. This is similar to Mr. Clinton’s adventure in Bosnia and his bombing of Iraq in 1998 during his impeachment vote. Mr. Obama’s intervention in Libya and also received no authorization under the Act.
No Congressional authority of any sort was sought or forthcoming in the Afghanistan War to include the surge by Mr. Obama.(It should be noted that 70% of the casualties in that war occurred under the leadership of the current administration and their revised and heavily restrictive rules of engagement. ) In fact, the War Powers Act of 1973 has been invoked by Congress only a couple of times, and never by a sitting President of either party.
The path we are on is unsustainable and there is no getting around that. I find it interesting that those of you that support Mr. Obama do so with the bashing of Mr. and Ms. Romney as well and Mr. Ryan and not lauding the expected achievments of an Obama second term. Clint Eastwood is right...